Analysts Set Cervus Equipment Corp (CVL) Target Price at $14.67

Shares of Cervus Equipment Corp (TSE:CVL) have earned an average rating of “Hold” from the seven ratings firms that are presently covering the firm, reports. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is C$14.67.

Separately, Royal Bank Of Canada lowered Cervus Equipment Corp from an “outperform” rating to a “sector perform” rating and reduced their price objective for the company from C$17.00 to C$14.00 in a research note on Friday, March 17th.

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Shares of Cervus Equipment Corp (TSE:CVL) opened at 15.20 on Monday. The stock has a 50 day moving average of $15.49 and a 200 day moving average of $13.37. Cervus Equipment Corp has a 52 week low of $10.41 and a 52 week high of $16.52.

About Cervus Equipment Corp

Cervus Equipment Corp is engaged in the sale, after-sale service and maintenance of agricultural, transportation, construction and industrial equipment. The Company acquires and operates authorized agricultural, construction, material handling and transportation equipment dealerships. It operates through three segments: Agriculture, Commercial and Industrial, and Transportation.

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